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Silicon Valley Technology Leaders LaserCard Corporation and Tesla Motors Sign LaserPass Secure Access Deal
Date:9/3/2007

Card, securing our facility was painless, we are relieved of being in the badge production business, and we can get on with our core mission -- developing and manufacturing electric vehicles that exemplify design, performance, and efficiency." "Tesla Motors has a reputation for uncompromising commitment to the design and production of stylish, high-performance electric cars," said Richard Haddock, President & CEO of LaserCard. "LaserCard Corporation has the same dedicated commitment to security, whether we are serving national governments or the commercial sector. We are proud to be supplying our secure access and fulfillment service to one of Silicon Valley's highest profile technology leaders."

About LaserCard Corporation

LaserCard Corporation, a leader in secure ID solutions, manufactures and markets LaserCard(R) optical memory cards, LaserPASS(TM) Optical/RFID cards and chip-ready Optical/Smart(TM) cards, all featuring Optical IDLock(TM) technology, and other advanced-technology secure identification cards. The Company's secure ID cards are used in countries around the world, including the United States, Canada, Italy, India and the Middle East for demanding requirements such as border security, immigration and national identification. In addition, the Company provides optical card read/write drives, optical card system software, card-related ID subsystems and card issuance enabling services. The Company operates a wholly-owned German subsidiary, Challenge Card Design Plastikkarten GmbH, which manufactures specialty cards, and markets cards, system solutions, and card personalization printers under the CCD and Cards & More brands. For more information on LaserPass, visit http://www.lasercard.com/products.php?key=124.

Forward-Looking Statements

All statements contained in this press release that are not historical facts are forward-looking statements made pursuant to
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